Cetera Investment Advisers Acquires 188,754 Shares of PGIM Ultra Short Bond ETF $PULS

Cetera Investment Advisers boosted its holdings in shares of PGIM Ultra Short Bond ETF (NYSEARCA:PULS) by 17.7% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,254,567 shares of the company’s stock after purchasing an additional 188,754 shares during the period. Cetera Investment Advisers owned 0.53% of PGIM Ultra Short Bond ETF worth $62,427,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Good Life Advisors LLC increased its stake in shares of PGIM Ultra Short Bond ETF by 4.3% in the second quarter. Good Life Advisors LLC now owns 20,128 shares of the company’s stock valued at $1,002,000 after buying an additional 836 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in PGIM Ultra Short Bond ETF by 11.8% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,403,485 shares of the company’s stock worth $169,357,000 after acquiring an additional 358,984 shares during the last quarter. Cypress Capital LLC grew its holdings in PGIM Ultra Short Bond ETF by 43.1% during the 2nd quarter. Cypress Capital LLC now owns 43,807 shares of the company’s stock worth $2,180,000 after acquiring an additional 13,189 shares during the last quarter. Fountainhead AM LLC increased its position in PGIM Ultra Short Bond ETF by 7.2% in the 2nd quarter. Fountainhead AM LLC now owns 85,016 shares of the company’s stock valued at $4,230,000 after acquiring an additional 5,745 shares in the last quarter. Finally, ZEGA Investments LLC raised its stake in shares of PGIM Ultra Short Bond ETF by 3.5% in the second quarter. ZEGA Investments LLC now owns 59,005 shares of the company’s stock worth $2,936,000 after acquiring an additional 1,968 shares during the last quarter. Institutional investors and hedge funds own 72.71% of the company’s stock.

PGIM Ultra Short Bond ETF Trading Up 0.0%

Shares of PULS stock opened at $49.72 on Friday. PGIM Ultra Short Bond ETF has a 1 year low of $49.34 and a 1 year high of $49.84. The firm’s 50 day moving average is $49.73 and its 200-day moving average is $49.69. The firm has a market capitalization of $12.64 billion, a price-to-earnings ratio of -23.90 and a beta of 0.01.

PGIM Ultra Short Bond ETF Company Profile

The PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that is based on the ICE BofAML USD Libor 3 Month index. The fund is an actively managed bond fund that specializes in short-term, high-credit-quality debt securities denominated in US dollars. The fund seeks total return that is consistent with capital preservation.